Power infrastructure and pharma consolidation drive market attention today. Power Grid rallies 1.2% on fresh transmission wins and a ₹10,000 crore loan approval, while RPG Life Sciences surges 5.2% on a key subsidiary merger. Som Distilleries leads the gainers with a 10.6% jump.

Signatureglobal

• Land Acquisition: Acquired 194.22 acres in Gurugram for ultra-luxury villas, adding ₹5,500–6,000 crore in gross development value to its pipeline. Stock closed at ₹788.85 in the previous session, up 0.54%.
• Corporate Action: Subsidiaries issued a ₹100 crore unconditional guarantee to ICICI Bank for a term loan facility, with no promoter interest involved.
• Earnings: FY26 net profit jumped to ₹11 billion from ₹1 billion, driven by RMZ deal gains, though adjusted EBITDA margins compressed to 9.3%.

Indian Energy Exchange

• Regulatory: Subsidiary IEE applied to the Coal Controller Organisation for coal exchange registration on September 25, 2026. Stock closed at ₹112.70 in the previous session, up 1.35%.
• Investor Relations: Scheduled a virtual one-on-one meeting with KAMS Family Office on September 28, ensuring no unpublished price-sensitive information is shared.

Rhetan TMT

• Deal: Signed a non-binding MOU with Bajaj Tubular Products for 20,000 MT of TMT bars over 24 months, with estimated commercial potential of ₹250–300 crore. Stock closed at ₹15.17 in the previous session, down 4.95%.

Optivalue Tek Consulting

• Order Book: Received a Letter of Intent with a tentative minimum order value of ₹700 million, marking a significant commercial milestone. Stock closed at ₹221.50 in the previous session, down 3.51%.

RPG Life Sciences

• Corporate Action: Approved the amalgamation of wholly owned subsidiary Actis Generics to simplify structure and reduce costs, with no shares issued as consideration. Stock closed at ₹3,050.60 in the previous session, up 5.20%.

Sandur Manganese & Iron Ores

• Product Launch: Incorporated Royal Sandur Medtech, a wholly owned subsidiary, to manufacture medical devices and diagnostics, diversifying beyond core mining. Stock closed at ₹184.79 in the previous session, up 0.92%.

Augmont Enterprises

• Partnership: Empanelled by NSE as a key partner for Electronic Gold Receipts (EGR), facilitating trading between physical and digital gold. Stock closed at ₹877.90 in the previous session, up 1.60%.
• Earnings: Q1FY27 revenue rose 30% YoY to ₹18,945 crore, but net profit fell 15% YoY to ₹608 million due to lower international sales.

Silver Touch Technologies

• Order Book: Won a purchase order from ISRO’s Space Applications Centre for high-end workstations, with delivery due by February 2, 2027. Stock closed at ₹147.79 in the previous session, up 0.19%.

Som Distilleries & Breweries

• Regulatory: MP High Court directed the renewal of excise licences within 15 days, enabling the resumption of operations at the Bhopal plant. Stock closed at ₹74.36 in the previous session, up 10.59%.
• Corporate Action: Filed a revised AGM notice addressing NSE/BSE queries on a ₹25 crore warrant issue, with remote e-voting opening September 26.

Power Grid Corporation of India

• Order Book: Won a TBCB bid for a Maharashtra transmission system with annual charges of ₹430.67 crore, and acquired Barmer HVDC firm for ₹18.98 crore. Stock closed at ₹269.50 in the previous session, up 1.16%.
• Fund Raise: Board approved raising up to ₹10,000 crore via an unsecured rupee term loan or line of credit from SBI, doubling the size of a recent bond issuance.

Unichem Laboratories

• Regulatory: Goa facility received 5 USFDA observations related to procedural enhancements, with a response due within 15 days. Stock closed at ₹549.70 in the previous session, down 0.53%.
• Legal: Received an order disallowing a ₹87.07 crore GST penalty and ₹6.58 crore interest liability, though management plans further appeals.

Bottom Line

Infrastructure and regulatory clarity are driving today's moves, with Power Grid expanding its capex footprint and Som Distilleries gaining relief on licensing issues. Pharma players like RPG Life are consolidating operations, while small-cap IT firms secure new orders despite mixed price actions.